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We test for the existence of poverty traps and distribution-dependent growth using a nonlinear dynamic panel data model … significant nonlinearity in the dynamics, consistent with the claim that income inequality attenuates growth in mean income …
Persistent link: https://www.econbiz.de/10004966203
We test for the existence of poverty traps and distribution-dependent growth using a nonlinear dynamic panel data model … significant nonlinearity in the dynamics, consistent with the claim that income inequality attenuates growth in mean income …
Persistent link: https://www.econbiz.de/10005584865
How unequal is the world today? Is global income inequality falling, as many economists claim, or is it rising, as one often hears? This paper reviews the arguments and evidence. A number of concerns about the underlying data are identified, with biases going in both directions. Conceptual...
Persistent link: https://www.econbiz.de/10011943946
The idea that developing countries face a trade off between poverty and inequality has had considerable influence on thinking about development policy. The experience of developing countries in the 1990s does not, however, reveal any sign of a systematic trade off between measures of absolute...
Persistent link: https://www.econbiz.de/10005711569
Persistent link: https://www.econbiz.de/10011796240
How unequal is the world today? Is global income inequality falling, as many economists claim, or is it rising, as one often hears? This paper reviews the arguments and evidence. A number of concerns about the underlying data are identified, with biases going in both directions. Conceptual...
Persistent link: https://www.econbiz.de/10011938091
Persistent link: https://www.econbiz.de/10012505645
Persistent link: https://www.econbiz.de/10012505646